Microsoft completes acquisition of Activision Blizzard King

Microsoft’s $69 billion acquisition of Activision Blizzard surely hit its fair share of roadblocks in the approval process, but at long last, the deal was formally closed last week, with Microsoft officially welcoming Activision Blizzard King to Xbox. A deal of this magnitude is obviously going to have a significant impact on the industry for years to come, but where the immediate future is concerned, many will be hoping to see games in the Activision Blizzard back catalog being added to the Game Pass catalog.

Microsoft has completed their vast $68.7 billion acquisition of Activision Blizzard, less than half a day after the UK Competition Markets Authority (CMA) gave their approval to a revised package of concessions.

After two years co-piloting the biggest acquisition in video game history past an onslaught of challenges, Xbox CEO Phil Spencer now moves on to his next quest: making Microsoft's takeover of Activision Blizzard worth the hassle. Microsoft, which owns the Xbox gaming system, closed its $69 billion deal to buy game-maker Activision Blizzard on Friday after fending off global opposition from antitrust regulators and rivals.

Xbox maker Microsoft closed its $69 billion (nearly Rs. 5,75,620 crore) deal for Activision Blizzard on Friday, swelling its heft in the video-gaming market with best-selling titles including Call of Duty to better compete with industry leader Sony.

It’s been a long time coming, but after the FTC’s failed attempt to stop the acquisition it was just a matter of time, and after Microsoft agreed to license out it’s cloud divion, the British CMA have finally given the green light, mere hours later, Xbox closed the deal and Activision, Blizzard and King are now part of the Xbox family.

After several months of grappling with federal investigations, Microsoft has closed its deal to acquire Activision Blizzard King. The console manufacturer officially acquired the games company for $69 billion, gaining ownership of several lucrative franchises, including Call of Duty, Warcraft and Candy Crush. This follows the news earlier this morning that authorities had removed the final regulatory roadblock allowing the deal to happen.

Microsoft’s acquisition of Activision Blizzard is finally complete, with the $68.7 billion deal gaining approval from the UK’s Competition and Markets Authority (CMA). In a new email to employees, CEO Bobby Kotick has confirmed that he will stay on until the end of 2023 to help with the transition.

In case you did not know, Microsoft now owns Activision Blizzard after announcing the plans over a year ago. With the merger now complete, Xbox owns some of the biggest gaming franchises, including Call of Duty, Overwatch, and World of Warcraft.

It’s official: Microsoft has bought Activision Blizzard for an incredible $69 billion. It’s the biggest buyout in video game history, and in one fell swoop expands Xbox’s first-party offering to encompass everything from Call of Duty to World of Warcraft.

Microsoft has beencleared to acquire Activision Blizzard by UK regulators, removing the last hurdle standing in the way of closing the deal.

The last hurdle in ‘s acquisition of has been cleared as the UK regulator approves the deal after a period of consultation on the deal.

Microsoft is apparently not spooked by closing the deal on the unlucky day of Friday the 13th.